Trinseo (TSE) Tops Q1 EPS by 31c; Updates Outlook

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Go back to Trinseo (TSE) Tops Q1 EPS by 31c; Updates Outlook

Trinseo Reports First Quarter 2017 Financial Results; Updates Full Year 2017 Outlook

May 2, 2017 4:05 PM EDT

First Quarter 2017 Summary

Net Income of $117 million and diluted EPS of $2.59 Adjusted EPS of $2.42 Adjusted EBITDA of $182 million Cash used in operating activities of $26 million; Free Cash Flow of negative $62 million inclusive of approximately $175 million cash used for working capital

BERWYN, Pa.--(BUSINESS WIRE)-- Trinseo (NYSE: TSE):

  Three Months Ended March 31,

$ millions, except per share data

2017   2016 Net sales 1,104 894 Net Income 117 77... More